Lipper Adds After-Tax Performance Data

Lipper will begin providing after-tax performance data on the nearly 14,000 mutual funds it tracks starting next month, the company announced today.

The new service will measure a funds after-tax performance upon a variety of factors that impact tax performance, said Eric Almquist, VP of institutional business with Lipper. Lipper will measure tax performance using criteria such as the amount of dividend income paid to investors, return of capital and short- and long-term capital gains, he said.